FSS
$112.39-0.95%
Federal Signal CorporationStock · IndustrialsRussell 2000 0.2%Russell 3000 0.01%US Stock Market 0.01%
FSS financial statements
The full income statement, balance sheet, and cash-flow statement for Federal Signal Corporation (FSS), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 61.1M2024-09 61.1M2024-12 61.1M2025-03 61.0M2025-06 60.8M2025-09 60.8M2025-12 60.9M2026-03 61.0M2026-06 61.0M-0.2% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 2.18B+17.1% | 1.86B+8.1% | 1.72B+20.1% | 1.43B+18.3% | 1.21B+7.3% | ||
| Lease income | — | — | — | — | 44.7M+22.1% | |
| 631M+18.4% | 533M+18.4% | 450M+30.5% | 345M+19.5% | 289M-1.7% | ||
| Cost of revenue | 1.55B+16.6% | 1.33B+4.4% | 1.27B+16.8% | 1.09B+17.9% | 925M+10.4% | |
| Selling, general & administrative | 256M+9.4% | 234M+11.4% | 210M+22.4% | 172M+15.1% | 149M+0.0% | |
| Restructuring | — | — | — | 0.00 | 0.00-100.0% | |
| Amortization of intangibles | 18.4M+22.7% | 15.0M-1.3% | 15.2M+17.8% | 12.9M+18.3% | 10.9M+13.5% | |
| Operating income | 341M+21.1% | 281M+25.3% | 225M+39.6% | 161M+23.0% | 131M-0.5% | |
| Interest expense | 14.1M+12.8% | 12.5M-36.5% | 19.7M+91.3% | 10.3M+128.9% | 4.50M-21.1% | |
| Other non-operating income | -2.30M-91.7% | -1.20M+33.3% | -1.80M-550.0% | 400K-76.5% | 1.70M+254.5% | |
| Pre-tax income | 325M+23.0% | 264M+30.0% | 203M+34.5% | 151M+28.3% | 118M-5.6% | |
| Income tax | 77.9M+63.7% | 47.6M+4.4% | 45.6M+49.5% | 30.5M+79.4% | 17.0M-40.4% | |
| 247M+14.0% | 216M+37.4% | 157M+30.7% | 120M+19.7% | 101M+4.6% | ||
| Income from continuing operations | — | — | — | 120M+19.7% | 101M+4.7% | |
| $4.01+14.6% | $3.50+36.7% | $2.56+29.9% | $1.97+20.9% | $1.63+4.5% | ||
| EPS (basic) | $4.06+14.4% | $3.55+37.1% | $2.59+30.2% | $1.99+20.6% | $1.65+3.8% | |
| Weighted-avg shares (basic) | 60.8M-0.2% | 60.9M+0.3% | 60.7M+0.3% | 60.5M-0.5% | 60.8M+0.8% | |
| Weighted-avg shares (diluted) | 61.5M-0.3% | 61.7M+0.3% | 61.5M+0.5% | 61.2M-1.1% | 61.9M+0.3% | |
| Dividends per share | $0.56+16.7% | $0.48+23.1% | $0.39+8.3% | $0.36+0.0% | $0.36+12.5% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 854M+32.9% | 643M+12.7% | 570M+7.3% | 531M+23.3% | 431M+6.3% | ||
| Cash & equivalents | 63.7M-30.1% | 91.1M+49.3% | 61.0M+28.4% | 47.5M+17.3% | 40.5M-50.4% | |
| Accounts receivable | 292M+48.8% | 196M+5.5% | 186M+7.1% | 174M+27.8% | 136M+7.1% | |
| Inventory | 472M+42.5% | 331M+9.1% | 303M+3.7% | 293M+27.8% | 229M+23.8% | |
| Prepaid expenses | 26.3M+9.6% | 24.0M+22.4% | 19.6M+12.6% | 17.4M-31.5% | 25.4M+115.3% | |
| 2.39B+35.5% | 1.77B+8.9% | 1.62B+6.3% | 1.52B+11.6% | 1.37B+13.0% | ||
| Property, plant & equipment | 275M+25.4% | 219M+14.7% | 191M+6.4% | 179M+26.4% | 142M+32.7% | |
| Operating lease right-of-use | 28.4M+2.2% | 27.8M+32.4% | 21.0M-15.0% | 24.7M-17.1% | 29.8M+36.1% | |
| Goodwill | 620M+29.7% | 478M+1.1% | 473M+4.3% | 453M+4.9% | 432M+9.6% | |
| Intangible assets | 383M+91.7% | 200M-3.8% | 208M-0.3% | 208M+1.2% | 206M+34.0% | |
| Deferred tax assets | 10.1M+7.4% | 9.40M-21.7% | 12.0M+36.4% | 8.80M+4.8% | 8.40M-11.6% | |
| 282M+16.8% | 242M+23.5% | 196M+8.5% | 181M+5.9% | 170M+14.8% | ||
| Accounts payable | 98.0M+24.1% | 79.0M+18.4% | 66.7M-7.9% | 72.4M+11.7% | 64.8M+25.6% | |
| Deferred revenue | 47.7M+36.3% | 35.0M+29.2% | 27.1M+6.7% | 25.4M+16.0% | 21.9M+64.7% | |
| Short-term & current debt | 0.00-100.0% | 7.00M+79.5% | 3.90M+387.5% | 800K | 0.00-100.0% | |
| Current lease liability | 7.90M+16.2% | 6.80M+0.0% | 6.80M-1.4% | 6.90M-21.6% | 8.80M+7.3% | |
| Finance lease liability (current) | 500K-96.0% | 12.4M+1450.0% | 800K+14.3% | 700K+16.7% | 600K+200.0% | |
| 1.01B+74.5% | 579M-6.4% | 619M-6.8% | 663M+14.0% | 582M+14.9% | ||
| Long-term debt | 565M+167.7% | 211M-29.1% | 297M-17.6% | 361M+28.6% | 281M+34.0% | |
| Non-current lease liability | 21.6M-0.9% | 21.8M+46.3% | 14.9M-19.5% | 18.5M-16.3% | 22.1M+42.6% | |
| Operating lease liability (total) | 29.5M+3.1% | 28.6M+31.8% | 21.7M-14.6% | 25.4M-17.8% | 30.9M+30.4% | |
| Finance lease liability (total) | 2.60M-79.8% | 12.9M+706.3% | 1.60M-20.0% | 2.00M-4.8% | 2.10M+250.0% | |
| Finance lease liability | 2.10M+320.0% | 500K-37.5% | 800K-38.5% | 1.30M-13.3% | 1.50M+275.0% | |
| Deferred tax liabilities | 71.9M+24.0% | 58.0M+9.0% | 53.2M+4.3% | 51.0M-4.1% | 53.2M-0.9% | |
| Other non-current liabilities | 27.0M+136.8% | 11.4M-29.6% | 16.2M+24.6% | 13.0M-5.8% | 13.8M-43.7% | |
| 1.38B+16.5% | 1.19B+18.4% | 1.00B+16.4% | 861M+9.8% | 784M+11.7% | ||
| Common stock | 70.8M+0.7% | 70.3M+0.4% | 70.0M+0.7% | 69.5M+0.9% | 68.9M+1.6% | |
| Additional paid-in capital | 330M+6.6% | 310M+6.4% | 291M+7.1% | 272M+5.9% | 257M+6.6% | |
| Retained earnings | 1.32B+19.3% | 1.10B+20.4% | 916M+17.1% | 782M+14.4% | 684M+13.0% | |
| Treasury stock | 264M+26.8% | 208M+7.3% | 194M+8.5% | 179M+18.3% | 151M+26.0% | |
| Accumulated other comprehensive income | -71.0M+20.2% | -89.0M-9.5% | -81.3M+3.2% | -84.0M-13.2% | -74.2M+19.1% | |
| Total liabilities & equity | 2.39B+35.5% | 1.77B+8.9% | 1.62B+6.3% | 1.52B+11.6% | 1.37B+13.0% | |
| Common shares issued | 70.8M+0.7% | 70.3M+0.4% | 70.0M+0.7% | 69.5M+0.9% | 68.9M+1.6% | |
| Common shares outstanding | 60.9M-0.3% | 61.1M+0.2% | 61.0M+0.5% | 60.7M-0.3% | 60.9M+0.7% | |
| Shares outstanding (cover) | 60.9M-0.3% | 61.1M+0.2% | 61.0M+0.4% | 60.8M-0.3% | 60.9M+0.6% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 255M+10.1% | 231M+19.0% | 194M+170.8% | 71.8M-29.5% | 102M-25.3% | ||
| Depreciation & amortization | 80.5M+23.3% | 65.3M+8.1% | 60.4M+10.4% | 54.7M+8.5% | 50.4M+12.5% | |
| Intangible amortization | 18.4M+22.7% | 15.0M-1.3% | 15.2M+17.8% | 12.9M+18.3% | 10.9M+13.5% | |
| Share-based compensation | 15.0M-3.8% | 15.6M+19.1% | 13.1M+28.4% | 10.2M+34.2% | 7.60M-9.5% | |
| Deferred income taxes | 13.9M+183.7% | 4.90M+1733.3% | -300K+92.9% | -4.20M+35.4% | -6.50M-212.1% | |
| Change in receivables | 26.6M+195.6% | 9.00M+47.5% | 6.10M-83.9% | 38.0M+1620.0% | -2.50M+70.9% | |
| Change in inventory | 28.1M+16.6% | 24.1M+345.9% | -9.80M-116.1% | 61.0M+152.1% | 24.2M+1068.0% | |
| Change in payables | 3.40M-73.0% | 12.6M+248.2% | -8.50M-202.4% | 8.30M+29.7% | 6.40M+146.0% | |
| -528M-569.1% | -78.9M+5.7% | -83.7M+16.0% | -99.7M+40.9% | -169M-390.4% | ||
| Capital expenditure | 27.6M-32.0% | 40.6M+34.0% | 30.3M-42.8% | 53.0M+41.7% | 37.4M+25.9% | |
| Free cash flow | 227M+19.1% | 191M+16.2% | 164M+772.9% | 18.8M-70.8% | 64.4M-39.5% | |
| Acquisitions | 501M+1162.0% | 39.7M-27.8% | 55.0M+10.4% | 49.8M-62.2% | 132M+2340.7% | |
| Other investing activities | -700K+50.0% | -1.40M+12.5% | -1.60M+48.4% | -3.10M-520.0% | -500K+28.6% | |
| 245M+302.1% | -121M-23.6% | -97.9M-375.8% | 35.5M+34.5% | 26.4M+149.4% | ||
| Long-term debt issued | 400M | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 39.7M+492.5% | 6.70M+21.8% | 5.50M-65.8% | 16.1M+4.5% | 15.4M+12.4% | |
| Dividends paid | 34.1M+16.4% | 29.3M+23.1% | 23.8M+9.2% | 21.8M-0.9% | 22.0M+13.4% | |
| Other financing activities | -12.8M-2460.0% | -500K-400.0% | -100K-200.0% | 100K+150.0% | -200K | |
| FX effect on cash | 1.30M+200.0% | -1.30M-285.7% | 700K+216.7% | -600K+14.3% | -700K-141.2% | |
| Net change in cash | -27.4M-191.0% | 30.1M+123.0% | 13.5M+92.9% | 7.00M+117.0% | -41.2M-182.2% | |
| Interest paid | 14.3M-6.5% | 15.3M-32.9% | 22.8M+142.6% | 9.40M+141.0% | 3.90M-27.8% | |
| Income taxes paid | 64.9M+4.0% | 62.4M+35.1% | 46.2M+71.7% | 26.9M-24.2% | 35.5M+59.2% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 6.61B+17.1% | 5.64B+20.7% | 4.68B+66.0% | 2.82B+6.7% | 2.64B+31.5% | |
| P/E | 26.8×+2.7% | 26.1×-1.0% | 26.4×-5.9% | 28.0×+6.7% | 26.3×+25.8% | |
| P/S | 3.0×-0.0% | 3.0×+30.5% | 2.3×+0.1% | 2.3×+6.7% | 2.2×+22.6% | |
| P/B | 4.8×+0.5% | 4.8×-2.7% | 4.9×+40.5% | 3.5×+3.4% | 3.4×+17.8% | |
| P/FCF | 29.1×-1.6% | 29.6×-31.9% | 43.5×-0.6% | 43.7×+6.7% | 41.0×+117.5% | |
| Earnings yield | 3.7%-2.7% | 3.8%+1.0% | 3.8%+6.3% | 3.6%-6.3% | 3.8%-20.5% | |
| FCF yield | 3.4%+1.7% | 3.4%+46.9% | 2.3%+0.6% | 2.3%-6.3% | 2.4%-54.0% | |
| Dividend yield | 0.52%-0.7% | 0.52%+2.2% | 0.51%-34.4% | 0.77%-6.7% | 0.83%-13.9% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: FSS’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all FSS filings on SEC EDGAR → Not investment advice.